Hana Alternative logs over 9% return on US residential project

South Korea's Hana Alternative Assets Management Co. is estimated to have achieved an annualized return of 9.83% from the $51.5 million mezzanine lo...

A generation indebted: Young Koreans struggle under record loans in Q1

Young South Koreans are drowning in debt.Korean youths in their 20s and 30s are reeling under growing personal debt as they aggressively take out pe...

KIC aims to boost alternatives to 25% by 2027

The Korea Investment Corporation (KIC) will gradually increase alternative investments such as venture capital, private equity and debt, and infrast...

Goldman mulls redemption option for Coupang loan, but still undecided

Goldman Sachs has begun researching its right to call in the 300 billion won ($265 million) loan it provided against Coupang Corp.'s two distributio...

Naver, techfins poised to spark Korean loan market's Big Bang

South Korea's online giant Naver Corp. is preparing to join a government-initiated fintech platform, on which individual borrowers can directly sear...

Shinsegae to raise $2 bn in secured loan for eBay Korea

South Korea's Shinsegae and Lotte groups, the two final contenders for eBay Korea, are hurrying to securitize their assets, even offering core real ...

Toss Bank to compete with K Bank, Kakao Bank from September

Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...

Mirae, NH face lawsuit over Drew Las Vegas loan loss

Mirae Asset Securities Co. and NH Investment & Securities Co. have been sued by South Korean institutional investors over the loss of their comb...

Korean LPs to sue Mirae, NH over Las Vegas loan loss

South Korean institutional investors in the Drew Las Vegas development are preparing to file a lawsuit against two domestic brokerage firms, seeking...

Heavy household borrowing fans Korea’s asset market overheating

South Korea’s asset market is showing signs of overheating as households take out fresh loans at a record pace to invest in initial share sale...

CalSTRS, POBA launch $600 mn US property loan JV

The California State Teachers’ Retirement System (CalSTRS) and South Korea's Public Officials Benefit Association (POBA) have launched a $600 ...

Meritz Sec faces losses from $350 mn loan on NY condo

South Korea's Meritz Securities Co. is at high risk of incurring losses from its $350 million lending on a luxury condominium tower in Manhattan, Ne...

Meritz arranges $60 mn mezzanine loans on LA skyscraper

South Korea's Meritz Alternative Investment Management Co. has arranged 72 billion won, or slightly over $60 million, worth of mezzanine financing f...

Korean investors face $270 mn loss on Las Vegas hotel loans

South Korean investors in the Drew Las Vegas development project are at higher risk of losing their investment of 300 billion won ($271 million) in ...

Korean banks fund alternative deals with $540 mn loans via KIC

South Korean banks have offered a combined $540 million in syndicated loans to fund overseas alternative investments, in which Korea Investment Corp...

S.Korean banks' household, company loans near $1.8 trn

South Korean households and companies have taken out fresh loans worth 208 trillion won ($189 billion) from banks last year, pushing the outstanding...

Ssangyong Motor files for court receivership, misses loan repayment

Ssangyong Motor Co. has filed for court receivership after the South Korean unit of India’s Mahindra and Mahindra Ltd. missed a 60 billion won...

Shinhan, Hana fund KKR’s $5.6 bn UK deal with $63 mn in loans

Two leading South Korean banks – Shinhan and Hana – have provided a combined 47 million pounds ($63 million) in senior loans to finance ...

Shinhan arranges $120 mn loan for Cerberus US deal

Shinhan Financial Group has arranged a $120 million loan to finance Cerberus Capital Management’s acquisition of operations in a leading US-base...

Hana Financial underwrites $117 million senior loan for US energy storage system

Hana Financial Investment Co., Ltd has invested in an energy storage system development project as an underwriter for senior loans worth $117 million....

Hana Financial purchases $77 mn mezzanine loan on 30 Hudson Yards NYC

Hana Financial Investment Co. Ltd. has purchased a $77 million mezzanine loan backed by a six-story space in the 101-story, 30 Hudson Yards, the third...

Meritz Sec raises risk appetite with $350 mn loan on NY condo tower

Meritz Securities Co. Ltd. has entered New York City’s inventory loan market by providing $350 million financing on a luxury condominium tower i...

Shinhan raises $330 mn for Carlyle’s bespoke revolving loan fund

Shinhan Alternative Investment Management Inc. (SAIM) has raised $330 million for the Carlyle Group’s newly launched revolving loan fund (CREV) ...

Hana Fin underwrites $145 mn loan on stalled NY hotel project

Hana Financial Investment Co. Ltd. has underwritten a luxury hotel development in New York with a $145 million loan, saving the project from bankruptc...

Hana Fin joins Foxtel’s refinance with $136 mn loan: report

Hana Financial Investment Co. Ltd. has provided A$200 million ($136 million) loan to Foxtel Management Pty Ltd., according to a South Korean news repo...

Hana Alternative sees near 8% IRR on $30 mn US hotel loan

Hana Alternative Assets Management Co. Ltd. has provided a senior loan of $30 million on InterContinental Houston – Medical Center, in a five-ye...

Shinhan provides $100 mn mezzanine loan on Brookfield’s US hotel

Shinhan Investment Corp. has provided a $100 million mezzanine loan on Brookfield’s resort hotel in Florida which recently secured $560 million ...

Korea, China banks offer $120 mn loan on Chile LNG terminal stake deal

The Industrial Bank of Korea (IBK) and two Chinese banks have extended a syndicated loan of $120 million to fund a stake purchase in a liquefied natur...

Hanwha, Hana extend mezzanine loans on US properties

Hanwha Investment & Securities Co. Ltd. has provided a 140 billion won ($123 million) mezzanine loan on an office complex in Silicon Valley leased...

CalSTRS-POBA venture extends $64 mn loan on Atlanta office project

A joint venture between the California State Teachers' Retirement System (CalSTRS) and the Public Officials Benefit Association (POBA) has provided a ...